The Aerospace & Defense Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. There are 7 other funds we track which provide a return similar to PPA.

Within the PowerShares family of funds, the most positively correlated other funds are S&P SmallCap Information Technology Portfolio, Dynamic Large Cap Growth Portfolio, Fundamental Pure Large Growth Portfolio, S&P SmallCap Consumer Staples Portfolio, S&P SmallCap Health Care Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are iShares - U.S. Aerospace & Defense ETF, SPDR - S&P Aerospace & Defense, Schwab - Mid-Cap Core, Vanguard Mutual Funds - Mid-Cap Value Index Admiral, Vanguard - S&P 500.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to PowerShares's Aerospace & Defense Portfolio fund.
99.6% ITA iShares U.S. Aerospace & Defense ETF
99.5% XAR SPDR S&P Aerospace & Defense
99.2% SCHM Schwab Mid-Cap Core
99.2% VMVAX Vanguard Mutual Funds Mid-Cap Value Index Admiral
99.1% PSCT PowerShares S&P SmallCap Information Technology Portfolio
99.1% VOO Vanguard S&P 500
99.0% FSCKX Fidelity Spartan Mid-Cap Index Fund - Fidelity Advantage Class

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
PSCT PowerShares S&P SmallCap Information Technology Portfolio 99.1%
PWB PowerShares Dynamic Large Cap Growth Portfolio 98.8%
PXLG PowerShares Fundamental Pure Large Growth Portfolio 98.5%
PSCC PowerShares S&P SmallCap Consumer Staples Portfolio 98.2%
PSCH PowerShares S&P SmallCap Health Care Portfolio 98.2%
Negatively Correlated PowerShares funds
PSAU PowerShares Global Gold and Precious Metals Portfolio -69.8%
UDN PowerShares DB US Dollar Index Bearish Fund -64.4%
LALT PowerShares Multi-Strategy Alternative Portfolio -62.9%
DBO PowerShares DB Oil Fund -51.6%
DBB PowerShares DB Base Metals Fund -49.1%

Positively Correlated Non-PowerShares funds
ITA iShares U.S. Aerospace & Defense ETF 99.6%
XAR SPDR S&P Aerospace & Defense 99.5%
SCHM Schwab Mid-Cap Core 99.2%
VMVAX Vanguard Mutual Funds Mid-Cap Value Index Admiral 99.2%
VOO Vanguard S&P 500 99.1%
Negatively Correlated Non-PowerShares funds
RING iShares MSCI Global Gold Miners ETF -89.0%
SLVP iShares MSCI Global Silver Miners ETF -88.3%
EWZS iShares MSCI Brazil Small-Cap ETF -86.1%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -81.0%
ERUS iShares MSCI Russia Capped ETF -80.2%

© 2016 SimilarStocks.com, All Rights Reserved